XML 43 R32.htm IDEA: XBRL DOCUMENT v3.24.1.1.u2
FINANCIAL INSTRUMENTS WITH OFF-BALANCE SHEET RISK (Tables)
6 Months Ended
Mar. 31, 2024
Financial Instruments with Off-Balance Sheet Risk [Abstract]  
Schedule of Information Regarding Derivatives The following table presents summary information regarding these derivatives as of March 31, 2024 and September 30, 2023.
   Notional
Amount
   Average
Maturiy
(Years)
   Weighted
Average
Fixed
Rate
   Weighted Average
Variable Rate
  Fair Value 
   (Dollars in thousands) 
March 31, 2024                       
Classified in Other Assets:                       
Customer interest rate swaps  $35,462    3.7    4.96%   1 Mo. BSBY + 2.44  $2,011 
Total  $35,462    3.7    4.96%     $2,011 
                        
Classified in Other Liabilities:                       
3rd Party interest rate swaps  $35,462    3.7    4.96%   1 Mo. BSBY + 2.44  $2,011 
Total  $35,462    3.7    4.96%     $2,011 
                        
                        
September 30, 2023                       
Classified in Other Assets:                       
Customer interest rate swaps  $36,020    4.2    4.96%   1 Mo. BSBY + 2.44  $2,579 
Total  $36,020    4.2    4.96%     $2,579 
                        
Classified in Other Liabilities:                       
3rd Party interest rate swaps  $36,020    4.2    4.96%   1 Mo. BSBY + 2.44  $2,579 
Total  $36,020    4.2    4.96%     $2,579 
Schedule of Financial Instruments with Off-Balance-Sheet Risk Those instruments involve, to varying degrees, elements of credit and interest rate risk in excess of the amounts recognized in the consolidated balance sheets.
   March 31,   September 30, 
   2024   2023 
   (In thousands) 
         
Financial instruments whose contract amounts          
represent credit risk          
Letters of credit  $860   $1,073 
Unused lines of credit   93,370    89,933 
Fixed rate loan commitments   2,198    3,578 
Variable rate loan commitments   32,757    26,472 
           
Totals  $129,185   $121,056